Landlord and Tenant matters/Asset Management

Landlord and Tenant matters/Asset Management

Worthingtons acts for clients across many industries and business sectors in relation to their property requirements in Northern Ireland. We have particular expertise in asset management and landlord and tenant work generally and frequently advise on Business Tenancies issues and procedure. Our work spans the full range from new lettings through re-gears, variations, renewals and Lands Tribunal work. We also have experience of handling large portfolio transactions and have the capacity to cope with a large volume of management work.

Our clients have confidence in the expert advice that we give in this area and the commitment we bring to each instruction, ensuring that deals are agreed and documentation progressed quickly and efficiently.

Our work includes:

  • Agreements for lease including development obligations, professional team and contractor appointments and warranties
  • Negotiation of leases, guarantees and side agreements
  • Leasehold estate management including assignments, surrenders, variations, re-gears and renewals
  • Dilapidations claims, including defending proceedings and negotiating settlements
  • The Business Tenancies (NI) Order 1996 (broadly the equivalent of the English LTA 1954) including preparation of Notices and advice on strategy and applications to and hearings at The Lands Tribunal
  • Property-related litigation, for example, in relation to landlord’s dilapidations claims, boundary disputes, unreasonable holding of consent and breach of tenant covenant
  • The planning and environmental law aspects of development work and commercial tenancies including liability for historic contamination, asbestos control, environmental warranties and planning agreements and planning enforcement
  • The Northern Ireland aspects of UK or Ireland-wide portfolio transactions, including due diligence/reporting and risk analysis and NI-specific contract drafting.

Aswell as negotiating leases and asset management documentation for our clients, we provide the following added-value services:

  • written reports and/or executive summaries on the documents we have negotiated
  • scanned copies of all transactional documents
  • secure deeds storage

We also set up and host dedicated online data sites for our clients on which scanned copies of key tenancy and title documents can be stored along with precedent documentation, standard policies and procedures, information on Worthingtons contacts and other important information. Clients and their agents have easy online access to the site 24/7.

 

Contact: Celia WorthingtonGraham Pierce, Catherine Cooney,  Michael Duffy
   

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